News North Korea » Economy: Why North Korea and America could be at war by April

However, an aggressive long-term pressure campaign, one that unleashes economic warfare on North Korea and permanently damages its economy and denies the regime’s ability to give its elites the creature comforts they so desire, would see North Korea pay ...

News North Korea » Economy: First Person: How Pyeongchang might feel to a North Korean

That's a shame, too. Markets are a fact of life in today's North Korea. They are a big, inescapable part of the domestic economy. And they exude the kind of gritty, day-to-day human interaction that happens everywhere but which the North's leaders try so ...

News North Korea » Economy: North Korea Walked Away From Pence Meeting in South Korea

North Korea canceled a secretly planned meeting with Vice President ... and announced a new round of tough economic sanctions were on the way,” Mr. Ayer’s statement said. “Perhaps that’s why they walked away from a meeting or perhaps they were ...

The United States and U.N. have imposed strict economic sanctions on North Korea following numerous ballistic and nuclear weapons tests. The latest and strictest set of sanctions were passed last year after North Korea test-fired an intercontinental ...

Rajin, sometimes spelled Najin, was previously declared a special economic zone during the rule of Kim Jong Il. South Korean politicians are crediting sanctions for imposing the right kind of pressure against North Korea that may have played a role in ...

News North Korea » Economy: North Korea Has A $1.7 Bn Trade Deficit With China, So How Is It Keeping Afloat?

North Korea is under the heaviest sanctions on earth, but it still manages to make money. New economic data shows North Korea operating at a $1.7 billion trade deficit with China. It somehow always operates at deficit, suggesting some hidden commerce.

But after Pence condemned North Korean human rights abuses and announced plans for new economic sanctions, “they walked away from a meeting or perhaps they were never sincere about sitting down,” Ayers said. Pence was going to meet with North Korean ...

The U.S. approach to North Korea has relied on economic coercion as a policy tool, aimed at crimping Pyongyang’s export revenues and WMD procurement operations. The hope is that Pyongyang would see the error of its ways, come to the bargaining table ...

The vice president had also announced the administration was planning to impose a new round of economic sanctions against the regime ahead of his trip. The vice president's actions angered Pyongyang. KCNA, North Korea’s official state media, called Pence ...

News North Korea » Economy: North Korea Cancels Meeting With Vice President Pence at Olympics

where North Korea made a last-minute move to send its athletes to compete on a combined team with South Korea, the host of the games. Since taking office, the Trump administration has been working to increase economic pressure on the North to abandon its ...